Gary's Blog

Saturday, October 17, 2009

Interest Rates Below 5%!

At 4.89% on 30-year home loans, refinance applications climbed 18% last week, according to the Mortgage Bankers Association. With extra cash lining their pockets each month, homeowners could help the economy recover.

Another positive statistic is the new jobless claims report, down for the fourth month in a row in September.

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